Bell Ranch Expands Land, Cuts Price

by Deidre Woollard (RSS feed)
Apr 25th 2009 at 8:02AM

I first covered the offering of the Bell Ranch in 2007. The New Mexico ranch is still on the market and the deal has gotten better. The Bell Ranch, which was assembled by William N. Lane nearly 40 years ago, is now being offered with an additional 40,100 acres of canyon country and productive pastureland. The additional acreage contains abundant habitat for deer, turkey, bear, and an emerging population of elk, plus water features unique in the region. This brings the Bell Ranch total to 290,100 +/- contiguous fully-deeded acres, or over 453 square miles.

The Bell Ranch features Bell Mountain and a a 10,832-square feet hacienda with swimming pool and tennis courts The property includes a general manager residence and lake house, ranch offices, stables, barns, garage and storage facilities. Cowboy camps are located throughout the property. The Bell Ranch airfield (8,200' x 75' lighted dirt airstrip) has a large hangar.

The ranch is now listed a per-acre price that is 22 percent below its original listing price. At $99 million or $341 per acre for the land, and $4 million for the livestock and equipment, The Bell Ranch offers a lot of room to roam for your $103 million. The property was listed at $115 million when I covered it in 2007.

Gallery: Bell Ranch